Analysis of the Year-on-Year Decline in China's Rubber Imports in July 2026

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According to data from the General Administration of Customs of China, China imported 579,000 tonnes of natural and synthetic rubber in July 2026, a year-on-year decrease of 12.8%.

In July 2026, China's imports of natural and synthetic rubber fell by 12.8% year-on-year. A significant contraction in natural rubber import supplies provided support to spot prices amidst stable demand, while near-month futures contracts trended upward, driven by expectations of tightening supply.

Styrene-butadiene rubber (SBR) is a core category of synthetic rubber; the sharp year-on-year decline in overall synthetic rubber imports—and the resulting reduction in import supply—bolstered SBR spot prices and provided upward momentum to the futures market.

Butadiene rubber (BR) is a mainstream synthetic rubber category. With domestic synthetic rubber imports falling 12.8% year-on-year in July, the contraction in import supply supported PBR spot prices, leading to a strong performance in the futures market.

Nitrile rubber (NBR) is a specialized category of synthetic rubber; the year-on-year decline in overall synthetic rubber imports helped tighten supply conditions, providing modest support to spot prices.

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